Excelerate Eyes Weekend LNG Delivery From Offshore Port Tuesday March 15, 2:48 PM EST
HOUSTON -(Dow Jones)- The Woodlands, Texas-based Excelerate Energy's first liquefied natural gas transport ship is anticipated to arrive on time Thursday at its Gulf Gateway terminal and could begin discharging its cargo by the weekend, the company said Tuesday. Excelerate's cargo ship Excelsior will undergo testing and certification inspections by the U.S. Coast Guard on its arrival, said Excelerate's Capt. Mark K. Lane, director of operations at Excelerate Energy. "All is going well - all is as expected," said Lane. The round of inspections and certification is standard procedure for any first-time port-of-call by a seagoing vessel, Lane said. After discharging its 3 billion cubic feet of gas, the vessel will pick up a new load, Lane said. The company is in negotiations for that new LNG cargo, he said.
